www.CostaRicaTicas.com

Are you trying to tell me this would bother you?

Xman

Calvin Ayre....he only made 1.2 billion....maybe he should pay tax, like I have to on my income! Bottom line is find a need and fill it!! That will make a guy wealthy, like Calvin.

This indictment is being handled by the US Attorney's office here in my town of St. Louis. Interesting strategy that may be played out today by the attorneys as you can read in today's St. Louis Post Dispatch. Wile Coyote

http://www.stltoday.com/stltoday/news/s ... enDocument

The latest. BOS attorneys did not show up Monday for court in St. Louis. Wile Coyote

http://www.stltoday.com/stltoday/busine ... enDocument

And why should they? Would they get a fair hearing from federal prosecuters in Missouri? I would make them come to Costa Rica...thats the jurisdiction the business is in. See how they fare in THAT court system . Thanks for keeping us informed.

y

Still, their site doesn't work and it will be difficult for them to send/receive money. Bummer.

_________________
SlickWings


Seems like I spend half my life drinking, gambling, and mongering. The other half... I waste.

Great point Wit...

And IMHO, there's no end to the government's hypocricy.... aren't they the one's who urge everyone to play lottery??? If that's not gambling then what is?

Respectfully

_________________
Respectfully,

Muff

___________________________________

BETonSPORTS has officially shut down it's CR branch today. There was a mass exodus where all employees were told they were fired, handed a termination letter and kicked out of the building.

All employees should get there compensation pay within 90 days which for some will be quite a bit since you get a month's worth of salary for every year you have been working there on top of your vacation pay already owed to you.

As to the customers, it will depend on what's left over after the employees and the share holders are paid.

good luck to anyone that had money with them.

Scary to think the might US has so much power worldwide. Seems like much more to worry about. Oh well, Rome didn't last forever!

I just talked to my good Tico friend who is now an EX employee of BOS. It's all true. He got the axe today. I called the local number and some British or Australian sounding man answered the phone. I think he assumed I was a client. He was very willing to help if I had any problems. I just told him, "No, I'm just looking for XXXX. I heard everyone was let go today." He confirmed that was the case.

dapanz1

I guess it was a fun and profitable ride while it lasted...primarily for the stockholders/owners. I just hope they fork over to the account holders what is their due...or at least reopen in some other protected country venue from which to dispense the cash...or continue taking the action. We definitely DONT need another "take the $$ and disappear" trick in this industry. The internet world is very small...and these people will be found out if they try coming back into the game at a later date without paying out.

Any update on your $300+ Slickwings?

http://news.yahoo.com/s/nm/20060811/bs_ ... nsports_dc

BETonSPORTS shutters US business

LONDON (Reuters) - Internet gaming group BETonSPORTS (BSS.L), which removed its chief executive from his job following his detention in Texas last month on racketeering charges, said on Friday it was closing down the U.S. business, which drives the vast majority of the company's profits.

The company said it would cease operations in Costa Rica and Antigua, where its U.S. operations are based, because they were no longer viable amid a restraining order on the business and the charges faced by former Chief Executive David Carruthers.

BETonSPORTS said it would also pay any liabilities to staff and creditors and repay balances due to U.S. customers. Its ability to do this would partly depend on whether it could persuade banks and other intermediaries to release its funds, the company added.

Management were taking steps to make sure the company did not knowingly accept any wagers form U.S. customers, it added.

Altium Securities analyst Greg Feehely described the company's decision as the worst outcome for shareholders given the U.S. accounts for around 95 percent of profits. He said BETonSPORTS may have to sell its Asian business to settle its outstanding liabilities, leaving nothing for equity investors.

"Today's news does at least draw a line under the situation and of course removes a significant competitor in the U.S. market ahead of one of the busiest periods of the year," he said in a research note.

Feehely added that online gaming firms with significant U.S. business like Leisure & Gaming (LNG.L) and online bookmaker Sportingbet (SBT.L) were likely to be beneficiaries of BETonSPORTS' U.S. closure.

He said, however, that short-term sentiment across the UK online gaming sector was likely to take a fresh hit.

In mid-morning trading shares in Sportingbet were 4.3 percent lower at 258-1/2 pence, while Leisure & Gaming was unchanged at 77 pence. Shares in PartyGaming were down 0.5 percent at 110-1/2 pence. Internet casino and poker room 888 Plc (888.L) was a rare sector riser, up 1 percent at 153 pence.

Carruthers and seven others have already pleaded not guilty to racketeering and other charges and a U.S. court has extended to August 14 an order barring the online bookmaker from taking U.S. bets.

Carruthers was arrested by U.S. authorities in July while passing through a Texas airport. He was en route from the United Kingdom to Costa Rica.

The charges allege the company failed to pay U.S. excise taxes on more than $3.3 billion in wagers taken from U.S. gamblers. The government seeks forfeiture of $4.5 billion, removal of access to BETonSPORTS's Web sites in the United States, and the return of money held for U.S. account holders. The United States is the bookmaker's biggest market.

Shares in BETonSPORTS were suspended on July 18.

You guys are funny! This is a "so what" issue to most people.

By the way, it is illegal to gamble in ones livingroom with a few friends in most communities (most likely, even in LV) and I've yet to see any major local protests over this (as if the gov't is taking away rights).

You guys are on the right track though - it is about TAXES more than anything else. They want to collect! They do have a right to collect.

How NV voted its electorials in Presidential races:
1956 – rep
1960 – dem
1964 – dem
1968 – rep
1972 – rep
1976 – rep
1980 – rep
1984 – rep
1988 – rep
1992 – dem
1996- dem
2000 – rep
2004 – rep

Nevada is very repub. I've not looked it up, but I'm betting NJ is very dem over the years so it doesn't seem that this is tied to any party.

Also, don't forget that our courts reached offshore to force file sharing companies to change their ways.

Regarding gambling, it isn't only the USA taking a stand, Germany has also taken a stand against online gambling.

Talk about control - the liberals in SF, who are the first to cry about losing any civil liberties, has ban smoking in public parks! WOW!

"*The San Francisco Parks and Recreation Department has not yet posted any of the planned 1,500 "No Smoking" signs at 250 parks around the city." *http://cbs5.com/topstories/local_story_190174118.html

I don't smoke, but I have sympathy for smokers in SF.

An 18 year old in Iraqi operates machine guns and 30 million dollar tanks yet he/she can't drink a beer at home when on leave.

An 18 year old can star in a porn movie, but can't drink a beer.

This is the best one though, a minor can get an abortion without parental consent in the USA, but can't see an R rated movie and can't drink beer.

Life is funny. You really have to learn to laugh at life.

At 43 and without K*ds, no issue is really all that big for me if I have food and shelter and a little love. I'm just not going to sweat what the next generation will have to deal with.

What a rant.

*

D2864...good contribution on the distortions which is our civil liberties code of law in the US of A. Another example of wasted money on legislating morality in the US was in NYTimes yesterday about our attempt to control Cocaine out of Colombia...

Couldnt this money have been better spent on helping addicts at home who perpetuate this market, or educating Ch*ldren about drugs and just general education which is going down the drain?

To each his own, but the only comment you made that concerns me is "I'm not going to sweat what the next generation has to deal with". The error of this thinking is that if you are only 43 years old...YOUR generation will be dealing with more and more civil liberties being taken away...in the name of fighting terrorism and "people who hate America". Nations get the government they deserve...and if our country's economy, freedoms and lifetyle disappears in time which many predict is a possibility...we will have no one to blame but ourselves for our apathy, ignorance, and lack of standing up for what we believe is right. Communism, Naziism...all the terrible power movements of our last century...which is not that long ago in my mind...started with the apathy of the people. I see this in our culture...and I am VERY uncomfortable with it.

The correlation to our causes here on this board is the freedom to even travel to and experience the more open liberal laws of these offshore locations. Your opportunity to do this may become quickly limited by your government as well if this wave of "morality" keeps rising... So its not just about gambling rights, drugs or alcohol or prostitution...its about individual liberty that many of us believe was the foundation of our country and its constitution. That to me is worth speaking up about and fighting for if need be.